I read with interest your editorial "Fair Play for Older Workers" (June 25), dealing with the unfairness of the Social Security retirement earnings test. As I travel around the country as commissioner of Social Security, I am acutely aware of how strongly the public feels about the inequity of the earnings test provisions.
And, I could not agree more. The earnings test is really a misnomer. It is not a test at all. Rather, it is a penalty--a penalty that retirees pay for working. The only thing it really tests is the patience of those who must suffer its provisions. The reality of the earnings test is that it can result in a marginal tax rate that can reach as high as 100 percent for affected individuals.